Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it. We offer Retail Investors our Research Reports for Free.

Articles

The Practice of Reverse Factoring Raises Transparency Concerns

Posted on Jan 7, 2020

Here at Watchdog, we are firm believers in transparency, and we take a critical look at any accounting procedures which tend to make financial disclosures opaque. This guest blog on reverse factoring was contributed by Olga Usvyatsky, a former VP of Research at Audit Analytics. She has a distinguished library of blogs and op-eds on accounting, buy-side research, and data analysis. Ms. Usvyatsky is currently enrolled as a PhD in Accounting student at Boston College, where she earned her MS in Accounting degree.

Posted in featured, Red Flags

Early Retirement for Target's CFO

Posted on Nov 21, 2019

Updated November 21, 2019: We are updating our original blog on Target. First, we note that Ms. Cathy Smith, stepped-down officially on November 1, 2019 and her replacement was named at the same time. Specifically, her replacement is a Target insider. At a time we believe a new and fresh perspective about Target’s PPE is needed, Target went the other way and appointed Michael J. Fiddelke, 43, as Executive Vice President and Chief Financial Officer. Mr. Fiddelke appears to have originally joined Target as a 29 year-old and has stayed loyal to Target since then.

Posted in featured, Watchdog Context

Hunter Biden: Was He Paid Appropriately as an Independent Director?

Posted on Nov 15, 2019

Burisma is a private company and Reuters estimates that it only brings in $400 million a year in revenue. In our analysis, we would expect an independent director like Hunter Biden to make between $55,000—$83,000 a year at Burisma. If Hunter made $83,333 a month as reported by Reuters, then he made over 12 times what a typical independent director at a private company would make.